Sunday , November 24 2024

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Government debt to rise by 20% this year

Government debt to rise by 20% this year

The Vietnamese government plans to borrow VND619.49 trillion (US$25.2 billion) this year, 20.5% more than in 2021. Around 92% of it would come from bonds, the government said in a report to the National Assembly Tuesday. In the first nine months it borrowed nearly $185 million from overseas with an …

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Vietnamese currency falls to record low against dollar

The dong depreciated to a new low against the U.S. dollar Wednesday morning, with state-owned Vietcombank selling the greenback at VND24,620 at 11.30 a.m. The Vietnamese currency fell 0.12% from Tuesday and 7.24% since the beginning of the year. Eximbank sold the dollar at VND24,620, 0.24% higher than Tuesday, and …

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Vietjet begins Da Nang-India direct services

Vietjet‘s first direct flights from Indian cities New Delhi and Mumbai arrived in Da Nang Tuesday, marking the launch of the services. There are four weekly flights to Delhi and three to Mumbai. The budget carrier also plans to start flying between Da Nang and India’s Ahmedabad in December as …

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